Agriculture Surfactants Market PESTELE Analysis, Research Report Including SWOT Analysis, Drivers, Restraints, Global Industry Outlook and Key Players Analysis By 2027
The global Agriculture Surfactants Market is expected to reach USD 2.48 Billion by 2027, according to a new report by Emergen Research. The size of the market for agricultural surfactants is expected to experience a significant upsurge due to the rising demand for agrochemicals driven by the introduction of precision farming and controlled farming.
The report on the Global Agriculture Surfactants Market initially offers an in-depth overview of the Agriculture Surfactants Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities
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Competitive Landscape:
Key participants include AnQore, Avantor Performance Materials, Honeywell International Inc., Imperial Chemical Corporation, INEOS, Nova Molecular Technologies, Asahi Kasei Medical Company Limited, CNPC Jilin Chemical Corporation Limited, AlzChem AG, and Dupont, among others.
This is primarily used with compositions of pesticides, including fungicides, herbicides, insecticides, plant growth regulators, and foliar nutrients to achieve better plant nutrition, which will stimulate the growth of the demand for the market. Such additives reduce the surface tension of the water present in a pesticide dissolution medium resulting in increased wettability, durability, and penetration of the surface of the herb, thereby spurring the market for the product.
Key Highlights From The Report
· Non-ionic surfactants are the most commonly used surfactants in the horticulture industry. They are used as they do not harm the plants and break water surface tension easily. Even though their application is rare in the industry, the segment held the largest share of 33.6% in the year 2019.
· Water-based herbicide spray contains surfactants for dispersing, emulsifying, wetting, and spreading the liquid in the plants. They are used to enhance the retention of spray droplets and penetration of the ingredients into the plants.
· Due to the involvement of leading manufacturers such as DowDuPont, BASF, Huntsman Company in the region, North America is expected to hold a significant share in the industry. The US soared as the largest market for the components in North America in 2019. This has been credited with the continuous need to provide the raw material for food, feed, and biofuel industries.
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Emergen Research has segmented the global Agriculture Surfactants Market on the basis of type, substrate, application, and region:
· Type Outlook (Revenue, USD Billion; 2017-2027)
o Non-ionic
o Anionic
o Cationic
o Amphoteric
· Substrate Outlook (Revenue, USD Billion; 2017-2027)
o Synthetic
o Bio-based
· Application Outlook (Revenue, USD Billion; 2017-2027)
o Insecticide
o Herbicide
o Fungicide
Regional Analysis of the Agriculture Surfactants Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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